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News Focus
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53chevy

01/29/08 10:24 AM

#378 RE: sons #375

Something may be cooking, Sons, but its not like Max Communications is risking a fortune.......

From the 13D:

Item 3. Source and Amount of Funds or Other Consideration.


On November 27, 2007, Max Communications acquired 5,746,667 shares of the Issuer’s Common Stock in a private transaction from a third party for an aggregate purchase price of approximately $200.


That's a pps of $0.000035/share or 300 shares per penny.......
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53chevy

01/29/08 1:35 PM

#382 RE: sons #375

Looks like XRGI is becoming a shell, not a shell with an active interest. From the 8K, Barron's is bailing.

Be careful.....

As described herein, XRG is ceasing active business operations as a non-asset based carrier. XRG continues to incur a substantial negative working capital deficit which is due to a variety of factors, including but not limited to the inability of XRG to generate sufficient revenue to generate positive cash flow under its agency business model. Barron Partners, LP (“Barron”), who has funded XRG in excess of $9,000,000 of working capital and equity investments, is unwilling to provide XRG any additional capital
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WANG

02/04/08 11:52 AM

#468 RE: sons #375

Monster alert sons!
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cashwealth

02/04/08 12:06 PM

#470 RE: sons #375

son, lol he paid $200 for 5.7MM shares. Not a bad deal..

cw